strategic change
DESCRIPTION
TRANSCRIPT
Managing Strategic Change
SCOPE OF CHANGE
Nature of Change
Realignment Transformation
Incremental
Adaptation Evolution
Big Bang Reconstruction
Revolution
Strategies change and evolveManagement need to understand three considerations (1) The type of Change
Required
In large part, cultural considerations Time available Capacity – resources, IS/IT, Management
Effort Features to preserve Workforce readiness to change Organizational Diversity Power to effect change Capability Scope of change
(2) The wider context of Change
Restraining Forces
Driving Forces
Anxiety about job security
Fresh challenge in job
Change seems less stimulating
Improved rewards
Fear of loss of power, status
Increased job discretion
(3) Force field analysis
Style Characterised by Appropriate to
Education & Comm
Persuasion Incremental change, willing staff
Collaboration & Part
Involving those affected
Incremental change, supportive culture
Intervention Change agents Incremental change
Direction Managerial authority, probability of resistance
Transformation
Coercion Use of power to impose change
Times of crises
Styles of Change Management : There are main 5 Styles
Change Agents 1. Strategic leadersFive Approaches: Strategic Analysis (design focus) Human Assets (developmental focus) Expertise (as source of comp ad focus) Control (by procedure & monitoring) Change (as continuous process) 2. Middle Management 3. Outsiders
Change Management Roles
Turn around strategy – when business in terminal decline
CRISES STABALIZATION, MANAGEMENT CHANGES, COMMUNICATION WITH STAKEHOLDERS, ATTENTION TO TARGET MARKETS, CONCENTRATION OF EFFORT, FINANCIAL RESTRUCTURING, PRIORITIZATION
Change Management Levers
CHALLENGING THE PARADIGM CHANGING ROUTINES USE OF SYMBOLIC PROCESSES
POWER AND POLITICS COMMUNICATION AND MONITORING
TACTICS
CHANGE MANAGEMENT LEVERS